By Good intentioned government intervention in the markets by licensing of production, has always resulted in long term damage. All that it has done is to create unwanted market distortions and crony economies.
The Government Is Encouraging Rural Youth To Stay In Their Villages. This Is A Bad Idea!
I believe that the government policy approach to enhance farm incomes and decongest cities is doomed to fail. Ila Patnaik and Radhika Pandey write that the government is encouraging rural youth to stay in the villages.
The Case For An “Indian Kibbutz” Revolution
Don’t get me wrong. I am not advocating the Kibbutz model to be adopted here in India without any changes and with the same Kibbutz principles. I am advocating an “Indian” Kibbutz model which already exists and has been proven to be successful in some ways.